Westpac sells JPY245bn Samurai and Euroyen bonds.
Global Banking News - 02 February 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
Westpac Banking Corporation (WBC) (AX: WBC), Australia's biggest lender by market value, has sold JPY245bn of bonds, including the first samurai notes since Lehman Brothers Holdings Inc collapsed in September.
The Sydney-based bank had sold JPY133bn of five-year, fixed-rate samurais paying 1.7 percent and JPY11.8bn of three-year notes paying 1.27 percent, Bloomberg News said in a report citing a sale document.
The sale also included JPY56.5bn of five-year floating-rate samurais yielding 70 basis points more than the three-month London interbank offered rate for yen and JPY44bn of three-year, fixed-rate euroyen notes paying 1.27 percent.
[Editorial queries for this story should be sent to email@example.com]
((Distributed via M2 Communications Ltd - http://www.m2.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||Global Banking News (GBN)|
|Date:||Feb 2, 2009|
|Previous Article:||Philippines' BPI reports fiscal results.|
|Next Article:||Beijing to invest USD30bn into Agricultural Bank.|
|Westpac and ANZ Bank to offer Samurai bonds.|
|Westpac Banking to sell Samurai bond.|
|Westpac to add three year tranche to Samurai bond.|
|Westpac offers samurai bonds.|
|Barclays to sell samurai bonds.|